Wednesday, April 1, 2009

IYT daily chart - Don't fall in love with the downside

IYT amongst many other ETF's isn't rolling over like it normally does. And it is accompanied by some extremely large volume.

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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...